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ARCHIVED NEWS


    NEW HOME MORTGAGE APPLICATIONS DIP 4.6 PERCENT ANNUALLY IN AUGUST

    Sep 19, 2018

    According to the Mortgage Bankers Association's Builder Applications Survey for August 2018, U.S. mortgage applications for new home purchases decreased 4.6 percent compared to August 2017. Compared to July 2018, applications decreased by two percent. This change does not include any adjustment ...

    MORTGAGE BANKERS ASSOCIATION
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    https://RE.report/news-article.aspx?ID=44784478

    HOUSING STARTS CLIMB HIGHER IN AUGUST, MULTIFAMILY HOUSING TAKES LEAD

    Sep 19, 2018

    Privately owned housing starts increased in August to a seasonally adjusted annual rate of 1.28 million, up 9.2% from July’s 1.17 million, and is still up from the annual rate of 1.17 million in August 2017.  Single-family housing starts in August were at a rate of 876,000, up 1.9% from 8...

    U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
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    https://RE.report/news-article.aspx?ID=44794479

    HFF FURNISHES $30M CONSTRUCTION LOAN IN BOSTON SUBURB

    Sep 19, 2018

    The Boston office of HFF has provided $30 million in construction financing for a mixed-use development in Newton, Mass. The project, named 28 Austin Street Apartments, will rise above the city’s Austin Street Municipal Parking Lot within the city’s Newtonville neighborhood. HFF’s ...

    HFF
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    https://RE.report/news-article.aspx?ID=44804480

    FCP SELLS AFFORDABLE COMMUNITIES IN DC AREA FOR $56M

    Sep 19, 2018

    Preservation Partners has purchased two affordable housing properties totaling 340 units in St. Charles, Md., a master-planned community 13 miles from the D.C. Beltway. The $56 million transaction is part of FCP’s plan to sell the entire Apartments of St. Charles portfolio, acquired by the com...

    FCP
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    https://RE.report/news-article.aspx?ID=44814481

    CALIFORNIA HOME SALES STALL FOR FOURTH CONSECUTIVE MONTH

    Sep 18, 2018

    The California Association of Realtors reported this week that California's housing market dropped below the 400,000-level sales benchmark for the first time in more than two years as high home prices and eroding affordability combined to cut into housing demand. Closed escrow sales of existing,...

    CALIFORNIA ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=44744474

    AMID SALES SLOWDOWN, ORLANDO HOME PRICES CONTINUE TO RISE

    Sep 18, 2018

    According to the Orlando Regional Realtor Association, the year-over-year median price for Orlando homes sold during the month of August 2018 continued on its years-long upward trajectory, albeit at a slower pace as dwindling inventory takes its toll on sales. Like across much of the country, sales ...

    ORLANDO REGIONAL REALTOR ASSOCIATION
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    https://RE.report/news-article.aspx?ID=44754475

    SINGLE-FAMILY RENTAL GIANT BETS BIG ON HOUSE FLIPPING MARKET

    Sep 18, 2018

    According to an article from Bloomberg by Patrick Clark, Amherst owns and/or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalow to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience. Th...

    AMHERST HOLDINGS
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    https://RE.report/news-article.aspx?ID=44764476

    MARCUS & MILLICHAP CLOSES CHICAGO MULTIFAMILY DEAL

    Sep 18, 2018

    Marcus & Millichap has arranged the sale of Madison Renaissance, a 34-unit community located in Chicago’s South Austin neighborhood. The asset was sold for $1.5 million to a private investor. Eric Bell, an investment specialist with the company, marketed the asset and represented both the ...

    MARCUS & MILLICHAP
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    https://RE.report/news-article.aspx?ID=44774477

    WASHINGTON, D.C. BRINGS AFFORDABLE HOUSING TO GRANDFAMILIES

    Sep 17, 2018

    The inaugural community, Plaza West, will house grandparents that are caring for their grandchildren, making 30% to 40% of the area median income. According to data from the U.S. Census Bureau,  as of 2012, 7 million of the 65 million grandparents in the United States lived with at least one gr...

    WTOP
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    https://RE.report/news-article.aspx?ID=44684468

    HOMEBUILDER GROUP: WE WANT TO SEE MORE WOMEN BUILDING HOMES

    Sep 17, 2018

    As the home building industry navigates a market struggling to increase production and boost sentiment, addressing an ongoing labor shortage has also become one of its top concerns. This week, in recognition of Professional Women in Building Week, the National Association of Homebuilders is specific...

    NATIONAL ASSOCIATION OF HOMEBUILDERS
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    https://RE.report/news-article.aspx?ID=44694469

    PEOPLE NOW PURCHASING VACATION HOMES FOR PROFIT OVER PLEASURE

    Sep 17, 2018

    Over the past ten years, homebuyers motivations for buying vacation homes has moved from pleasure to profit.  According to research from Savills and HomeAway, for the first time ever, vacation home buyers now prioritize rental income over personal use. Savills and HomeAway carried out this surv...

    SAVILLS
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    https://RE.report/news-article.aspx?ID=44704470

    HOME SALES IN CALIFORNIA HAVE FALLEN FOR 4 MONTHS STRAIGHT

    Sep 17, 2018

    Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in the last two years that existing, single-family detached home...

    CALIFORNIA ASSOCIATION OF REALTORS
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    https://RE.report/news-article.aspx?ID=44714471

TRENDING NEWS


    $1.24 TRILLION OF PURCHASE MORTGAGE ORIGINATIONS PROJECTED IN U.S. IN 2019

    Oct 17, 2018

    The Mortgage Bankers Association expects to see $1.24 trillion in purchase mortgage originations in the U.S. during 2019 - a 4.2 percent increase from 2018. MBA anticipates refinancing originations will continue to trend lower next year, decreasing by 12.4 percent to $395 billion. Overall in 2019, t...

    MORTGAGE BANKERS ASSOCIATION
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    https://Re.report/news-article.aspx?ID=45584558

    BUILDER CONFIDENCE IN U.S. UPTICKS IN OCTOBER

    Oct 17, 2018

    According to the National Association of Home Builders, U.S. builder confidence in the market for newly built single-family homes rose one point to 68 in October 2018 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high ...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://Re.report/news-article.aspx?ID=45594559

    MULTIFAMILY VOLATILITY DRAGS DOWN HOUSING STARTS

    Oct 17, 2018

    Housing starts decreased 5.3% in September, primarily due to volatility in the multifamily sector, according to the latest report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Nationwide Senior Economist Ben Ayers said: "starts were off in September, driv...

    NATIONWIDE
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    https://Re.report/news-article.aspx?ID=45604560

    IPA SELLS CT MULTIFAMILY PROPERTY

    Oct 17, 2018

    Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold The Ledges Apartment Homes, a 399-unit multifamily community in Groton, Conn. IPA Northeast Team Senior Managing Director & Lead Advisor Victor Nolletti, assisted by First Vice President Eric Pentore and Senior...

    IPA
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    https://Re.report/news-article.aspx?ID=45614561

    LUXURY BROOKLYN COMMUNITY LAUNCHES LEASING

    Oct 17, 2018

    An amenity-rich 186-unit luxury building at 409 Eastern Parkway in Crown Heights, Brooklyn, has begun leasing several months after early marketing efforts revealed pent-up demand for the new property. Developed by Adam America Real Estate and designed by Isaac & Stern Associates with interiors b...

    ADAM AMERICA REAL ESTATE
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    https://Re.report/news-article.aspx?ID=45624562

    MORTGAGE CREDIT AVAILABILITY IN U.S. DECREASED IN SEPTEMBER

    Oct 16, 2018

    According to the Mortgage Bankers Association's latest Mortgage Credit Availability Index, U.S. mortgage credit availability decreased in September 2018. The MCAI decreased 0.8 percent to 182.1 in September. A decline in the MCAI indicates that lending standards are tightening, while increases i...

    MORTGAGE BANKERS ASSOCIATION
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    https://Re.report/news-article.aspx?ID=45534553

    TECH DRIVEN SILICON VALLEY OFFICE MARKET HEADED FOR RECORD YEAR

    Oct 16, 2018

    Global property consultant Cushman & Wakefield is reporting this week for the third quarter of 2018 showed strengthening occupancy growth for Silicon Valley's office and R & D sectors. Both sectors combining for more than 1.9 million square feet (msf) of positive net absorption. The R&am...

    CUSHMAN & WAKEFIELD
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    https://Re.report/news-article.aspx?ID=45544554

    MILLENNIALS NOW PRIORITIZE HOMEOWNERSHIP OVER STARTING A FAMILY

    Oct 16, 2018

    Record amounts of student debt and steadily increasing mortgage rates have long prevented young adults from entering the housing market, but recent data may indicate that things are about to change in a major way. A new study by Bank of America reveals that Millennials are now prioritizing homeowner...

    BANK OF AMERICA
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    https://Re.report/news-article.aspx?ID=45554555

    VEROS: WASHINGTON, NEVADA WILL SEE MOST HOME VALUE APPRECIATION NEXT YEAR

    Oct 16, 2018

    Valuations provider Veros predicts seven of the 10 top-appreciating markets in the next 12 months will be in Washington and Nevada. The company’s latest VeroFORECAST, which covers the 12-month period ending Sept. 1, 2018, predicts that on average, the top 100 most populated metro areas will se...

    VEROS
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    https://Re.report/news-article.aspx?ID=45564556

    HOMEBUILDER CONFIDENCE INCREASES SLIGHTLY IN OCTOBER

    Oct 16, 2018

    Declining material costs and a strong economy contributed to homebuilder confidence climbing one point to 68 in October, according to the National Association of Home Builders/Wells Fargo Housing Market Index. “Builders are motivated by solid housing demand, fueled by a growing economy and a g...

    NATIONAL ASSOCIATION OF HOME BUILDERS
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    https://Re.report/news-article.aspx?ID=45574557

    NEW HOME MORTGAGE APPLICATIONS JUMP 8.2 PERCENT IN U.S.

    Oct 15, 2018

    According to the Mortgage Bankers Association's latest Builder Application Survey for September 2018, U.S. mortgage applications for new home purchases increased 8.2 percent compared to September 2017. Compared to August 2018, applications decreased by 9 percent. This change does not include any...

    MORTGAGE BANKERS ASSOCIATION
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    https://Re.report/news-article.aspx?ID=45484548

    SEEKING CONCRETE SOLUTIONS TO LABOR SHORTAGE IN CONSTRUCTION

    Oct 15, 2018

    The construction industry is booming. But as it oversees the building explosion across the U.S., the sector is also seeking solutions to its most vexing challenges. Among them are the industry's labor shortage and the world's growing need for natural-disaster-resistant materials. In the curr...

    FORBES
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    https://Re.report/news-article.aspx?ID=45494549

SPOTLIGHT

This lovely ranch home situated on a large lot is just steps from Highland Hills Golf. A welcoming entry leads you to a large family room with fireplace, allowing for multiple conversation areas. Next to it is an open layout that includes a spacious kitchen, dining area, and hearth area with gas fir

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